Stripe announced on Tuesday that it has acquired Tonic, an app development and prototyping service, in a move meant to shore up its developer offering. While financial terms of the deal weren’t disclosed, it was revealed that Tonic has rebranded to RunKit and will continue to operate independently.
Founded by Francisco Tolmasky, the creator of the Objective-J programming language and developer of mobile Safari, RunKit is tackling the problem of whether it’s possible to build “a developer operating system.” It provides access to a sandboxed JavaScript environment where you can quickly use various node modules without needing to install them, improving the speed of development without all the fuss of before.
“RunKit is a node playground in your browser,” the company explains. Instead of having to spend hours setting up the right workplace on your computer, it can all be done right through a browser.
Tolmasky states in a blog post that conversations between his company and Stripe began a few months ago when the two talked about “our vision of building the future of development tools.” He wrote: “I was already aware that Stripe had a history of investing in development, but Patrick [Collison, Stripe’s chief executive] made clear that lowering the bar to development is fundamentally aligned with Stripe’s interest in increasing the leverage of developers around the world.”
I'm very excited about the potential of RunKit: https://t.co/QoZDh3ol9A
— Patrick Collison (@patrickc) September 13, 2016
Stripe will keep RunKit as an independent subsidiary for now and will likely treat it just like what Twitter, Google, Facebook, and other companies have done with developer tools. The payment processing service does have a variety of tools available that developers can incorporate into their own apps, including Atlas. However, the inclusion of RunKit is a sign Stripe wants to help developers build more holistic and quality applications, providing all the necessary tools such as prototyping, analytics, monetization, and more. And when the need arises for incorporating payment processing, developers hopefully will think of Stripe.
With Stripe continuing to appeal to more merchants and developers both here in the U.S. and abroad (such as in Cuba), being able to provide developer tools to those who want to reach across borders and do business is important since the higher quality the application, chances are the greater the return will be. It’ll also be beneficial with Stripe Relay as the company makes a push to help merchants sell on mobile — to increase the likelihood, a great app is needed. If Stripe isn’t a well-rounded partner, then that leaves developers frustrated and have multiple places to look for solutions.
Although RunKit remains independent, there’s a good chance that in the future, its capabilities could be integrated into the core Stripe offering.
Beyond Tolmasky, RunKit lists three other people on the team: Ross Boucher, Wolf Rentzsch, and Pieter Ouwerkerk. The company has not publicly disclosed how much it raised in venture capital.
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